| Cash and Bank | |||
|---|---|---|---|
| 12421421 | Cash on Hand Last transaction on March 12, 2020 |
Cash you haven't deposited in the bank. Add your bank and credit card accounts to accurately categorize transactions that aren't cash. | |
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| Money in Transit | |||
| 1243214 | Money in Transit
Last transaction on March 12, 2020 |
Cash you haven't deposited in the bank. Add your bank and credit card accounts to accurately categorize transactions that aren't cash. | |
| Add a New Account | |||
| Expected Payments from Customers | |||
| 1243214 | Accounts Receivable
Last transaction on March 12, 2020 |
Cash you haven't deposited in the bank. Add your bank and credit card accounts to accurately categorize transactions that aren't cash. | |
| Add a New Account | |||
| Inventory | |||
| 1243214 | Inventory
Last transaction on March 12, 2020 |
Cash you haven't deposited in the bank. Add your bank and credit card accounts to accurately categorize transactions that aren't cash. | |
| Add a New Account | |||
| Property, Plant, Equipment | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Depreciation and Amortization | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Vendor Prepayments and Vendor Credits | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Other Short-Term Asset | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Other Long-Term Asset | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Credit Card | |||
|---|---|---|---|
| 12421421 | Test Account Last transaction on March 12, 2020 |
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| Add a New Account | |||
| Expected Payments to Vendors | |||
| 1243214 | Accounts Payable
Last transaction on March 12, 2020 |
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| Add a New Account | |||
| Loan and Line of Credit | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Sales Taxes | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Due For Payroll | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Due to You and Other Business Owners | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Customer Prepayments and Customer Credits | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Other Short-Term Liability | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Other Long-Term Liability | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Income | |||
|---|---|---|---|
| 1243214 | Sales
Last transaction on March 12, 2020 |
Payments from your customers for products and services that your business sold. | |
| Add a New Account | |||
| Discount | |||
| You haven't added any accounts yet. | |||
| Add a New Account | |||
| Uncategorized Income | |||
| 1243214 | Uncategorized Income
Last transaction on March 12, 2020 |
Income you haven't categorized yet. Categorize it now to keep your records accurate. | |
| Add a New Account | |||
| Gain On Foreign Exchange | |||
| 1243214 | Gain On Foreign Exchange
Last transaction on March 12, 2020 |
Foreign exchange gains happen when the exchange rate between your business's home currency and a foreign currency transaction changes and results in a gain. This can happen in the time between a transaction being entered in Wave and being settled, for example, between when you send an invoice and when your customer pays it. This can affect foreign currency invoice payments, bill payments, or foreign currency held in your bank account. | |
| Add a New Account | |||
| Operating Expense | |||
|---|---|---|---|
| Accounting Fees
Last transaction on March 12, 2020 |
Accounting or bookkeeping services for your business. | ||
| Advertising & Promotion
Last transaction on March 12, 2020 |
Advertising or other costs to promote your business. Includes web or social media promotion. | ||
| Computer - Hardware
Last transaction on March 12, 2020 |
Desktop or laptop computers, mobile phones, tablets, and accessories used for your business. | ||
| Add a New Account | |||
| Cost of Goods Sold | |||
| 1243214 | You haven't added any Cost of Goods Sold accounts yet. | ||
| Add a New Account | |||
| Payment Processing Fee | |||
| 1243214 | Merchant Account Fees
Last transaction on March 12, 2020 |
Fees your business pays in order to accept credit card payments. Includes transaction fees, monthly subscription fees, and one-time fees for processing software or equipment. | |
| Add a New Account | |||
| Business Owner Contribution and Drawing | |||
|---|---|---|---|
| Owner Investment / Drawings
Last transaction on March 12, 2020 |
Owner investment represents the amount of money or assets you put into your business, either to start the business or keep it running. An owner's draw is a direct withdrawal from business cash or assets for your personal use. | ||
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| Retained Earnings: Profit | |||
| Owner's EquityNo transactions for this account | Owner's equity is what remains after you subtract business liabilities from business assets. In other words, it's what's left over for you if you sell all your assets and pay all your debts. | ||
| Add a New Account | |||